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These Bonuses Are for Bills, Not Boats

DETROIT—Steve Dungan has a $5,000 bonus check on the way from Ford and a dream of vacationing in Ireland with his wife. But for now, the Dungans are staying put, and the money is going in the bank.

"It just doesn't seem to make a whole lot of sense to buy something big right now, unless it's something you need," said Mr. Dungan, 49 years old, who works at Ford Motor Co.'s axle plant in Sterling Heights, Mich.

The...

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